Clean water has a positive and a negative impact on businesses and companies in the United States. Every industry affects the local economies they operate in either a positive or a negative way. National Clean water regulations such as the Clean Water Act impacted the manufacturing industry and the travel and tourism industry differently. The manufacturing industry was negatively impacted while the travel and tourism industry was positively impacted.
In 2015, the Environmental Protection Agency (EPA) passed the Clean Water Act to protect the streams, rivers, and lakes from pollution. This prevented industrial pollution from being transported via local watersheds from reaching wetlands and the ocean. For many years, companies and corporations in the industry sector illegally dumped toxic chemicals down drains and ditches where stormwater would carry them into the city sewer systems and into smaller streams where they would eventually make it into the watersheds. Recent regulations and rules such as the Clean Water Act has received a mixed reaction from businesses and companies based on the industries they are affiliated with.
Some companies and corporations in the manufacturing industry argue that the Clean Water Act is harmful to the local economy they operate in and is detrimental to their ability to create and maintain jobs. Their argument suggests that regulations like this lead to lower profits and higher prices. Businesses suffer in that a decreasing profit margin means that they have less money to pay employees and eventually have to reduce their labor force. A reduced labor force reinforces the loss of capital and future profit.
Businesses involved in specific industries, especially travel, tourism, and hospitality industries understand that clean water is vital to the economy and to the environment. Pollution, especially contamination of local water sources, watersheds and coastlines poses health hazards and risks to public health. Unhealthy environments such as these discourages tourists from visiting these areas.
Regions featuring clean water, especially in America’s waterways and coastlines, encourage people to travel to tourist attractions in these locations more frequently, spending more of the hard earned money in restaurants eating their local cuisine and in stores buying souvenirs and novel goods. As more people repeatedly visit these places and spread the word, more businesses will open their doors and tourism will continue to grow, strengthening the local economy.
Clean water has a positive impact on local economies featuring travel and tourism. This industry benefits from clean water rules and regulations such as the Clean Water
Act. It enables the industry to continue to grow and spurs the local economies by attracting more tourists and repeat business over time.